friends once long and now short after air canada pulled the plug clangordon bought aim at what seemed like a good price . spent a fair bit of time thinking and observing the situation. the long position was closed at a real loss and a short position assumed. there have been a number of trades on the short side. our sum position is we see no future for aim without ac. the best hope bulls have is that ac would make a modest offer for aim as it would be a cost savings for the new venture. there are no big players that can fill the void of ac. however, aim if restructured could become the rewards program for micro to small to medium companies in canada. this would be a radical new venture but far better then relying on one major client. we see no chance of aim trying to live off small business. thus we think we wil be riding this one to zerow. we will not post again unless we think it essential. we wish our friends the bulls and bears all the best of luck. bulls should now there best friend is a bear as the shorts must always buy to cover.